Gastar Exploration Inc. (NYSE American: GST) (“Gastar”) announced today that it has completed the previously announced sale of its interest in the...
The oil and gas industry regulator has raised its forecast of how many barrels of oil can be recovered from the waters...
From the Harvard Business Review: In November, the United States crude oil production exceeded 10 million barrels per day for the first...
Companies drilling for oil and gas are engaged in an expensive game of chance. Given rising project costs and increasing pressure on...
Oklahoma Leasing Activity The SCOOP continues to be the hottest play in Oklahoma leasing. Continental’s leasing efforts in Stephens County speaks to their continued position as the...
The nation’s drilling rig count rose slightly this week as crude inventories are falling and U.S. oil exports are on the rise....
The U.S. Department of Interior has set the date for the nation’s largest oil and gas lease sale. In support of President...
Leasing We have a new player in the top 25 lessees this week: EOG. They recently acquired more than 15,000 gross acres in McClain...
Oklahoma advances 5 up to 123; U.S. Rig Count remains flat The result of no change in the rig count to the...
LONDON/TOKYO (Reuters) – Oil prices stood near a one-week high on Friday as global equities headed for their biggest weekly gain in...
WTI and Brent crude oil are trading up slightly as traders are concerned over short-term demand ahead of key U.S. inflation data which will provide more color on the Fed’s monetary policy. Following supply concerns caused last week, a cargo of Azeri crude set sail from Turkey's Ceyhan port on Monday, the first since a devastating earthquake hit the region on Feb. 6. Russia’s surprise announcement of their production cut in response to Western sanctions, continues to lend support to oil futures. According to Deputy Prime Minister Alexander Novak, Russia plans to sell more than 80% of its oil exports to what it calls "friendly" countries in 2023
Natural gas futures are down this morning as warmer-than-normal weather lowers heating demand in key consuming regions. The amount of natural gas flowing from pipelines to Freeport LNG's export plant in Texas was on track to jump this morning to its highest since the facility shut in a fire in June 2022, a sure sign the plant started liquefying gas again.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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